Misconceptions play a prominent role in my view of the world.
GEORGE SOROSStart by assuming the market is always wrong, so if you copy everybody else on Wall Street, you’re doomed to do poorly.
More George Soros Quotes
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Revolutions usually start with enthusiasm and end in tears.
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Unfortunately, the more complex the system, the greater the room for error.
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Most of the poverty and misery in the world is due to bad government, lack of democracy, weak states, internal strife, and so on.
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It is credit that matters, not money (in other words, monetarism is a false ideology).
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America needs to follow the policies it has introduced in Germany. We have to go through a certain de-Nazification process.
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Every bubble has two components: something – some real trend, and a misconception about that trend.
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Political debate is more interested in manipulating the truth, than finding the truth.
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It’s not whether you’re right or wrong that’s important, but how much money you make when you’re right and how much you lose when you’re wrong.
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Stock market bubbles don’t grow out of thin air. They have a solid basis in reality, but reality as distorted by a misconception.
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To others, being wrong is a source of shame; to me, recognizing my mistakes is a source of pride.
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Well, you know, I was a human being before I became a businessman.
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The scope for improvement is infinite, precisely because perfection is unattainable.
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Markets can influence the events that they anticipate.
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I fancied myself as some kind of god or an economic reformer like Keynes.
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If we carry this line of argument to its logical conclusion, the meaning of life consists of the flaws in one’s conceptions and what one does about them. Life can be seen as a fertile fallacy.
GEORGE SOROS